DBN gets ‘AAA’ rating from Agusto & Co

August 2, 2021 David Agba 0

The foremost credit rating agency, Agusto & Co. (“Agusto”) assigns an “AAA” rating on the Development Bank of Nigeria Plc (DBN), the highest rating possible on any institution. In summarizing the rating, which aligns with the “risk-free” rating of the Nigerian Sovereign, Agusto described DBN as “a development finance institution of impeccable financial condition and overwhelming capacity to meet obligations Read More

Factors making the APC popular by Salisu Na’inna Dambatta

July 28, 2021 Salisu Na'inna Dambatta 0

 Members of Peoples Democratic Party (PDP) Governors’ Forum have alleged in the communiqué released on July 2021 after their 11th regular meeting that, some of their former colleagues who defected to the All Progressives Congress (APC) did so due to coercion and underhand activities by the APC. This allegation is false, unsubstantiated and a mere subterfuge  by members of a Read More

FITC set to equip board with Competencies for Board Effectiveness and Business Growth

July 22, 2021 Amaka Ifeakandu 0

Financial Instutions Training Centre (FITC), the world-class, innovation-led and technology-driven knowledge institution is set to deliver a virtual Board Leadership Programme. The themed of the training “Developing Board Competencies and Leadership Mindset for Board Effectiveness and Business Growth’ will hold between Thursday 29th and Friday 30th of July, 2021. The FITC Board Leadership programme is aimed at exploring and deepening Read More

Coronation Merchant Bank hosts webinar on capital mobilisation

July 22, 2021 Segun Odunewu 0

Nigeria’s leading financial institution, Coronation Merchant Bank, is set to hold the July edition of its Interactive Session themed “Capital mobilisation through the Private Markets” on July 26, 2021 from 11am. Speaking about the event, Banjo Adegbohungbe, the Managing Director/Chief Executive Officer of Coronation Merchant Bank, stated that “the idea behind the webinar is to provide winning insights for corporate Read More

Loan facilities: ActionAid makes case for rural women farmers

July 16, 2021 Adeola Tukuru 0

ActionAid Nigeria (AAN) has called on the federal government to ease access to loan facilities by rural women across the country. The Programme Coordinator on Food and Agriculture, AAN, Azubike Nwokoye, who made the call during a roundtable meeting on access to agricultural credit for small holder women farmers urged the Federal Government consider policies that would ameliorate this challenge Read More

Zenith Bank reaffirms market dominance with Best Commercial Bank Award

July 15, 2021 David Agba 0

Zenith Bank Plc has been named the Best Commercial Bank in Nigeria in the World Finance Banking Awards 2021. The award, which was announced in the July 2021 edition of the World Finance Magazine, was based on individual banks’ ability to adapt to a continually evolving technological environment while maintaining top-class customer relations and bolstering their financial footing amidst the Read More

If you boycott Africa’s oil, gas sector, Africa’ll boycott you

July 13, 2021 NJ Ayuk 0

With the international community pushing for a rapid decrease in carbon emissions due to climate change, there has been a significant decline in foreign investment directed towards the African energy sector. The global climate crisis remains a critical point of discussion and should remain at the top of the agenda with regards to energy development, however, as the international community Read More

Building a new Nigeria: Imperatives for shared prosperity

July 11, 2021 Akinwumi A. Adesina 0

Being a convocation lecture delivered by Dr. Akinwumi A. Adesina President, African Development Bank Group American University of Nigeria July 10, 2021 Good morning everyone! A very happy morning to you the Class of 2020 and Class of 2021! Today is your big day. A day of joy, for you and your families, your lecturers and the University. I wish Read More

We empower SMEs to grow Nigeria’s economy – FCMB

June 30, 2021 David Agba 0

First City Monument Bank (FCMB) has explained that its increased and consistent support to Small and Medium Scale Enterprises (SMEs) is aimed at further empowering them to take the lead in the growth and development of Nigeria’s economy. According to the Bank, this is because SMEs are one of the key drivers of the country’s push for economic prosperity due Read More

Between marginalisation and hallucination

June 30, 2021 Blueprint 0

It is better to understand Nigeria first, then proceed in talking about the modern but yet old word marginalization; this word is hardly likely to examine itself fully well, because those who may be able to grasp certain privileges might pretend to fall within the centre of gravity to that much chanted word marginalization; modern dictionary fail woefully to express Read More

Stanbic IBTC shows strength in 2020 sustainability report

June 29, 2021 Suleiman Idris 0

Stanbic IBTC Holdings PLC (Stanbic IBTC), a member of Standard Bank Group, released its 2020 Sustainability Report to showcase its positive contributions that were centered on achieving the United Nations’ Sustainable Development Goals (SDGs). The SDGs are geared towards improving societies for humanity and advancing sustainable development in the Nigerian community. The Stanbic IBTC sustainability report highlighted the organisation’s environmental, Read More

Keystone Bank educates MSMEs on opportunities in AfCFTA window

June 28, 2021 Bode Olagoke 0

In its unflinching efforts to continue to support micro, small and medium enterprises (MSMEs) in Nigeria with knowledge to manage and grow their businesses, Keystone Bank Limited recently trained start-ups with the requisite knowledge about the African Continental Free Trade Area (AfCFTA) window and the opportunities it presents to their businesses. The 3-day MSME Masterclass Webinar series tagged “TAKING YOUR Read More

Ecobank Celebrates MSME Week, proposes cutting edge solutions

June 24, 2021 Blessing Anaro 0

The Managing Director, Ecobank Nigeria, Patrick Akinwuntan has restated the Bank’s unwavering commitment to supporting and sustaining the development of Micro, Small and Medium Enterprises (MSMEs) in all sectors of the economy. In his message to the celebration of this year MSME week, Akinwuntan said he was impressed with the attention being extended to the subsector by both government and Read More

Ecobank Transnational Incorporated formally opens market in London

June 23, 2021 Blessing Anaro 0

Ecobank Transnational Incorporated formally opens the market at the London Stock Exchange (LSE) after successfully listing its $350 million Sustainability Bond on the LSE. Ecobank Transnational Incorporated (“ETI”), the Lomé based parent company of the Ecobank Group, was hosted yesterday by the London Stock Exchange for a market opening virtual ceremony to celebrate the successful listing of the Tier 2 Read More

Non-interest banks to improve liquidity under Basel III Islamic finance – Expert

June 22, 2021 Amaka Ifeakandu 0

Expert in the banking and finance industry, has said that Non-interest banks in Nigeria, need more instruments to improve liquidity under the Basel III requirements of the global banking system. Mr. Abdulwaheed Shitta, a banking and finance expert made this statement while speaking on “Opportunities and Challenges of Islamic Banking and Treasury Management in Nigeria”. According to him, the Basel Read More

Non interest banks to improve liquidity under Basel III Islamic finance -Expert

June 21, 2021 Amaka Ifeakandu 0

Non-interest banks in Nigeria, need more instruments to improve liquidity under the Basel IIIrequirements of the global banking system. Mr. Abdulwaheed Shitta, a financial analyst made this statement while speaking on”Opportunities and Challenges of Islamic Banking and Treasury Management in Nigeria”. According to him, the Basel III Accord was initiated by the Basel Committee on banking supervision to address the Read More

EFCC reveals those stealing, laundering Nigeria’s money

June 17, 2021 Abdullahi M. Gulloma 0

The Chairman of the Economic and Financial Crimes Commission (EFCC), Mr Abdulrasheed Bawa, said the commission would go after real estate developers and jewelry dealers serving as conduit pipes for money laundering. The EFCC chairman said this at the ministerial briefing organised by the Presidential Communication Team at the State House in Abuja. He said the commission is working to strengthen Read More